An estranged husband who arranged to have his toddler stepson murdered had a life insurance policy on the slain Tennessee boy, documents revealed Monday.

David Wi, 23, shows up as the beneficiary on policies for Alicia Bankston, her 2-year old son Joseph Bankston and the couples 1-year-old girl, according to arrest documents cited by The Leaf-Chronicle of Clarksville.

Wi, a soldier at nearby Fort Campbell, was arrested Friday and charged with criminal conspiracy to commit homicide, according to the Clarksville Police Department.

Investigators believe he conspired with another Fort Campbell soldier, Zackery Alexander, 21, in the Oct. 4 shooting of the toddler and his wifes boyfriend - Fort Campbell medic Brandon Jimenez. The killing happened just after 11 p.m. at the Clarksville home of the boys grandmother.

Two men were formally indicted by a Montgomery County grand jury Tuesday and charged with killing a 2-year-old boy and attempting to kill the boy's mother, his 1-year-old sister and the mother's new boyfriend.

David Wi, now 25, was sentenced to life plus 50 years after pleading guilty to first-degree murder in perpetration of a crime, two counts of attempted first-degree murder, conspiracy to commit first-degree murder, aggravated burglary and aggravated assault, according to court records.

The effective sentence is life plus 25 years. He was incarcerated at Trousdale Turner Correctional Center and, according to records, will not be eligible parole until 2100 when he is 108.

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Meanwhile, Zackery Alexander has pleaded not guilty and the state filed notice in March that prosecutors intend to seek the death penalty.